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Push to electrify mail trucks gains wide support, an unlikely win for both DeJoy and Biden
The Postal Service had long spurned EVs over cost, but House Democrats are lining up behind a White House push to allocate $8 billion for new trucks, paving the way for a fully electric fleet.
As his restaurants’ customers return, a Miami chef is missing a critical ingredient: Workers
A nationwide shortage of restaurant workers is emerging as one of defining quirks of the nation’s economic recovery from the pandemic.
Ransomware attack leads to shutdown of major U.S. pipeline system
Colonial’s 5,500 miles of pipelines carry fuel from refineries on the Gulf Coast to customers in the southern and eastern United States. The company says it shut down its pipelines temporarily after a cyber attack.
West Virginia factory is center stage in supply chain crisis, showing economy’s strains
Shifting landscape of parts shortages, price spikes challenges key auto parts maker.
As life returns, so does Spanx
Shapewear sales, which tumbled early in the pandemic, are surging again with Americans eager to lift, compress and smooth out their forms.
- Economy
- Analysis
It’s not a ‘labor shortage.’ It’s a great reassessment of work in America.
Hiring was much weaker than expected in April. Wall Street thinks it’s a blip, but there could be much deeper rethinking going on of what jobs are needed and what workers want to do on a daily basis.
U.S. picked up just 266,000 jobs in April, well below expectations as economy struggles to rebound
A growing fight between the White House and Republicans over workers and incentives has cast a new light on the labor market.
DeJoy charges ahead with USPS cost-cutting despite beating financial projections
Timely delivery service remains poor, and critics hope President Biden’s nominees, once confirmed, can increase pressure on Postal Service leaders.
- Personal Finance
- Perspective
Covid forced more borrowers to be late on their mortgages than at any time since the Great Recession, CFPB reports
Communities of color have been hit hard by the pandemic, and many borrowers are still struggling, a new report from the Consumer Financial Protection Bureau says.
Elon Musk is being brought in to save SNL’s sagging ratings. He could sink the show in other ways.
The world's second-richest man will join the country's longest-running comedy show, and chaos could break out.
Fed concerned about the risks that accompany soaring markets
Expectations for a strong economic recovery could have some repercussions for financial stability.
In a hedge fund’s bid for Tribune’s newspapers, a hidden risk lurks in the fine print
Experts say Alden Global Capital’s bid to take over Chicago Tribune, Baltimore Sun and other newspapers isn’t what it seems.
Mortgage rates remain under 3 percent for third week in a row
The 30-year fixed-rate average fell for the fourth time in the past five weeks and now stands at 2.96 percent.
Weekly jobless claims fall below 500,000, setting new pandemic low
Declining jobless claims suggest that the recovery is gaining traction.
